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Holding his feet to the fire: "Buffett schmuffett"

Discussion in 'Christian Current Affairs' started by WinBySurrender, Apr 18, 2012.

  1. Lovely Lane

    Lovely Lane Guest


     
  2. WinBySurrender

    WinBySurrender New Member

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    Stop. Read again. You said "sold." Steve did not. He spoke of dividend checks. So we were not originally talking about capital gains because they do not apply to dividends! Of course capital gains apply when one sells a stock -- but that is not what we were talking about!
     
  3. Godcreatedsteve

    Godcreatedsteve New Member

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    Oh really? I'm not allowed to post links because I haven't had 50 posts, but it's very easy to find out who's right. Just go to Wikipedia and search for 'Capital Gains Tax in the United States.' Since you are allowed to post link, please post your IRS link showing what is on that page is incorrect.
     
  4. Lovely Lane

    Lovely Lane Guest

    OK, thanks, I see now. It's whenever I hear 15% automatically I think of stocks. Yes, dividends are another form of income, not many companies pay dividend checks and the tax rate depends in which State one resides.

    Think Steve Jobs was 100% anti-dividend, but now I heard Apple is now considering it. Better get in on it quick, paying out dividends is an incentive for investors to hold onto the stock (long-term).
     
  5. WinBySurrender

    WinBySurrender New Member

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    Wikipedia?? Really? You mean this Wikipedia??

    Wikipedia: Survey Shows 60 Percent of Entries Have Errors, and Public Relations People Can’t Correct Them - ABC News
    Wikipedia, when it began, was a grand exercise in democracy. The idea was for a giant online encyclopedia in which anyone could post information, and if there were mistakes, others would fix them. Crowdsourcing on a global scale would bring out the truth.

    But Marcia DiStaso of Penn State University says it doesn’t always work, at least not for the 1,300 public relations people she surveyed. They told her 60 percent of Wikipedia entries contained factual errors about their clients’ companies, ranging from trivial to highly controversial — and the PR people, being interested parties, felt they could not make corrections.
    Wikipedia has never been a reliable source, because anyone can edit it and the 95,000 "volunteer watchdogs" are no more trustworthy than a hacker. Come back and see me when you actually have a source.
     
  6. WilliamB

    WilliamB New Member

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    WBS has gotcha there my friend...
     
  7. Lovely Lane

    Lovely Lane Guest

    Republican House continues election-style politics in passing bills that have no chance of going anywhere, old news. Speaker Boehner knows what Sen Reid can compromise on, so why not pass legislature that has legs?

    It takes 60 votes in the Senate, Reid runs a no non-sense ship. Knowing that any bill introduced must have majority support, hasn't Speaker Boehner figured that out yet? Why sure he has, but in passing legislature that greatly supports the GOP agenda and having the Senate simply ignore it makes for great sound bites and snippets in media.

    Hey!! Aren't these the same guys who raised the 'Debt Ceiling"?
     
  8. WilliamB

    WilliamB New Member

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    Yeah, legislation is all show at this point on both sides. Just attaching people's names to votes to be used as campaign fodder for the election. Nothing is going to get done this year, all in hopes the economy gets worse so repubs will have a better chance at beating Obama. What a disgrace our democracy has become. The American people are waiting for results and they're effectively going to waste a full 2 years doing nothing. Forget occupying wall street, we need to occupy congress.
     
  9. Zaac

    Zaac New Member

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    [​IMG]

    And this would be the testament of someone who has nothing to invest. If you worked to get the money TO invest, of course you want to do as little as possible to make more money off the money you've already worked hard for.

    Sounds like petulant jealousy because some are mad that they work dumb and other folks work smart to get their money to work for them instead of having to work for their money all the time.


    Greed and laziness because they are willing to risk the income they have already worked for? ^_^

    I bet you've got a savings account. Are you greedy and lazy for collecting interest on that money?

    You just need to go have a seat because you clearly don't have a clue about investing.

    Exactly. You don't know what I'm talking about, yet you're going off about something you ADMITTEDLY don't understand how it works.


    Again, his income is mostly capital gains and we have already deduced that you don't understand capital gains. You're complaining about the lower rate, yet you don't understand why it's a lower rate.


    And RIGHT HERE is the crux of why this is even being discussed. You speak of other people's laziness and greed. But at the crux of this discussion is jealousy and wealth envy. I must say this about the Empty Suit(thank you for that Win), he knows how to put out the sound bytes to get liberals in line with everything he says.

    His class warfare seems to be working.

    Wealth envy.

    Wealth envy.


    That's business. I'm not saying that he has always been ethical because I don't know the ins and outs of his business dealings. But companies buy other companies all the time the exact same way.

    You've obviously never received a dividend check or looked at a tax form as to how that is reported as taxable income. If you're reporting it as taxable income on your returns as you should, it WILL BE taxed.


    Is this what all liberals think?:doh: Again, it's OBVIOUS that you don't understand how this works.


    Straight shaking my head because like a lot of liberals, you like to talk authoritatively about things you OBVIOUSLY don't understand.

    And an FYI for you, gambling winnings over a certain amount are supposed to be reported on your tax forms. The government will get their money if you're reporting it the way you're supposed to.

    I don't. I just like smart labor better.:thumbsup:


    Wealth envy. way to go Mr. President. As I said before, we all know that Bill Gates never worked a day in his life.^_^


    How'd the majority of folks who got money to reinvest get the money? You're talking off the side of your chin about stuff you OBVIOUSLY don't have a clue about.

    Most investors come from the middle class. They move to the upper middle class and beyond by making wise investments of the money you say they never worked a day in their lives for.

    But that's the kind of thinking that wealth envy leads to.


    (smh) Left wing craziness. So now because folks make wise investments, they don't work for a living?:doh:

    By the way did you know that coveting is a sin in the Bible?Did you know that envy is a sin?

    What a Biblically ignorant country this has become. Read your Bible. Scripture sanctions usury under certain conditions.

    Romney is not a Christian so why are you attempting to bind him to what the Bible says?



    You simply need to stop talking about money, usury and the whole lot because this seems to be beyond your range of knowledge.:thumbsup:^_^
     
  10. Godcreatedsteve

    Godcreatedsteve New Member

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    Really. And I'm still waiting for your link form the IRS that proves it wrong.....

    waiting....

    waiting....

    waiting....
     
  11. WinBySurrender

    WinBySurrender New Member

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    Look at your income tax return instructions. It's all right there.
     
  12. Godcreatedsteve

    Godcreatedsteve New Member

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    I feel the same way as any man who has inadvertently picked up a leech or a tick. These are parasites who do no productive work of their own, but rather, fasten themselves to others who do work in order to suck their blood. Similarly, there are people in America who do absolutely nothing but suck out the lifeblood of productive workers in America. The Christian church once called this usery - using money to make money - and it was considered (and rightfully so) a heinous SIN. Unfortunately, the modern church has bowed down to the god mammon. Consequently, conservatives favor policies and a tax policy that feeds the parasites while penalizing productive labor. I find this reprehensible, and calling yourself a Christian, so should you.
     
    Last edited: Apr 22, 2012
  13. WilliamB

    WilliamB New Member

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    Well said! :amen:
     
  14. IisJustMe

    IisJustMe He rescued me because He delighted in me (Ps18:19)

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    I find people who denigrate the ability to make money as an evil activity really don't understand capitalism or the benefits all of us in a capitalistic democracy realize from that economic system. It is also a waste of time to try to explain it to them because they don't want to understand it, they just want to belittle it.
     
  15. Godcreatedsteve

    Godcreatedsteve New Member

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    I find making money by making something or providing a service commendable. I find making money with money reprehensible. And I find that when parasitism is preferred to honest labor a nation is headed for ruin.
     
  16. Godcreatedsteve

    Godcreatedsteve New Member

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    still waiting for the link....

    waiting.....

    waiting.....

    waiting.....
     
  17. Lovely Lane

    Lovely Lane Guest

    What's the difference of capitalism and predator capitalism?
     
  18. Zaac

    Zaac New Member

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    :clap::clap: Don't even bother trying to explain it any more. His understanding is the one that Barack has been selling and liberals have bought lock, stock and barrel.

    He's complaining about stuff that he OBVIOUSLY does not understand.
     
  19. Zaac

    Zaac New Member

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    Probably liberal interpretation. ^_^ The folks supporting Obama seem to think anyone who makes more money than they do or who has investment income is evil.^_^
     
  20. Lovely Lane

    Lovely Lane Guest

    Seems you don't know the answer or unwilling to speak about it. That's what a Secret Mormon would do, not speak about it and chastise others for asking.
    I know the difference, and you guy's who purport in knowing something about capitalism should know too. Obama wasn't in the discussion, but maybe we should ask "W" on how to bail out Wall St predators.
     
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